-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NW2guzrxyqaBfnwG0KWChOGpQWFHnpy2Bg0CxPr42yaaVKF4VUhl0T5J93Ld11Fb oNqst+3ElLgKAfy97BMckQ== 0000899140-98-000267.txt : 19980609 0000899140-98-000267.hdr.sgml : 19980609 ACCESSION NUMBER: 0000899140-98-000267 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980608 SROS: NYSE SROS: PCX FILER: COMPANY DATA: COMPANY CONFORMED NAME: CALENERGY CAPITAL TRUST III CENTRAL INDEX KEY: 0001043375 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-45615-01 FILM NUMBER: 98643673 BUSINESS ADDRESS: STREET 1: 302 SOUTH 36TH ST STREET 2: STE 400 CITY: OMAHA STATE: NE ZIP: 68131 BUSINESS PHONE: 4023414500 MAIL ADDRESS: STREET 1: 302 SOUTH 36TH ST STREET 2: STE 400 CITY: OMAHA STATE: NE ZIP: 68131 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CALENERGY CO INC CENTRAL INDEX KEY: 0000720556 STANDARD INDUSTRIAL CLASSIFICATION: COGENERATION SERVICES & SMALL POWER PRODUCERS [4991] IRS NUMBER: 942213782 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-45615 FILM NUMBER: 98643674 BUSINESS ADDRESS: STREET 1: 302 S 36TH ST STREET 2: STE 400 CITY: OMAHA STATE: NE ZIP: 68131 BUSINESS PHONE: 4023414500 MAIL ADDRESS: STREET 1: 302 SOUTH 36TH STREET STREET 2: SUITE 400-A CITY: OMAHA STATE: NE ZIP: 68131 FORMER COMPANY: FORMER CONFORMED NAME: CALIFORNIA ENERGY CO INC DATE OF NAME CHANGE: 19920703 424B3 1 PROSPECTUS SUPPLEMENT Filed Pursuant to Rule 424(b)(3) Registration File Nos. 333-45615 333-45615-01 CALENERGY CAPITAL TRUST III CALENERGY COMPANY, INC. PROSPECTUS SUPPLEMENT DATED JUNE 8, 1998 TO PROSPECTUS DATED MARCH 2, 1998 The section entitled "Selling Holders" on pages 54-56 of the Prospectus is hereby amended and restated in its entirety as follows: SELLING HOLDERS The Convertible Preferred Securities were originally issued by the Trust and sold by Credit Suisse First Boston Corporation and Lehman Brothers Inc. (the "Initial Purchasers"), in a transaction exempt from the registration requirements of the Securities Act, to persons reasonably believed by such Initial Purchasers to be "qualified institutional buyers" (as defined in Rule 144A under the Securities Act) and outside the United States to persons other than U.S. persons in reliance upon Regulation S under the Securities Act. The Selling Holders may from time to time offer and sell pursuant to this Prospectus any or all of the Convertible Preferred Securities, any Convertible Junior Subordinated Debentures and Common Stock issued upon conversion of the Convertible Preferred Securities. The term Selling Holder includes, without duplication, the holders listed below and the beneficial owners of the Convertible Preferred Securities and their transferees, pledgees, donees or other successors. The following table sets forth information with respect to the Selling Holders of the Convertible Preferred Securities as of February 10, 1998, and has been provided to the Trust and the Company by such Selling Holders. Number of Convertible Preferred Selling Holder Securities -------------- ---------- Merrill Lynch Pierce Fenner & Smith, Inc......................... 498,100 Lipper Convertibles, L.P......................................... 430,000 Argent Classic Convertible Arbitrage Fund (Bermuda L.P.)(1)...... 325,000 Toronto Dominion (New York), Inc................................. 306,000 Natwest Securities Limited....................................... 270,000 Credit Suisse First Boston Corporation........................... 215,000 Shepherd Investment International Ltd. (17)...................... 204,750 Stark International (17)......................................... 204,750 HSBC Securities Inc.............................................. 200,600 Security Insurance Company of Hartford........................... 200,000 Swiss Bank Corp.-London Branch (2)............................... 175,000 Sogen International Fund (3)..................................... 165,000 AIM Charter Fund................................................. 150,000 MFS Series Trust V-MFS Total Return Fund (4)..................... 139,500 BNP Arbitrage, SNC (5)........................................... 112,850 Van Kampen American Capital Harbor Fund (6)...................... 100,000 Surfboard and Co. (7)............................................ 100,000 The Northwestern Mutual Life Insurance Company (8)............... 100,000 Number of Convertible Preferred Securities ---------- SBC Warburg Dillon Read Inc...................................... 90,000 Allstate Insurance Company....................................... 78,000 Tennessee Consolidated Retirement System......................... 75,000 Lutheran Brotherhood............................................. 75,000 Bear Stearns & Co. Inc........................................... 71,000 LB Series Fund, Inc. High Yield Portfolio (9).................... 60,000 The Travelers Indemnity Co....................................... 58,300 Pitney Bowes, Inc. Retirement Fund (10).......................... 55,000 Black Diamond Partners, L.P. (11)................................ 51,350 Black Diamond Ltd. (11).......................................... 49,640 The Retail Clerks Pension Plan................................... 40,000 Lutheran High Yield Fund (12).................................... 40,000 The Travelers Insurance Co....................................... 37,500 AIM Blue Chip Fund............................................... 35,800 Delaware Group Dividend and Income Fund, Inc. (20) .............. 31,600 Lehman Brothers Inc.............................................. 30,000 Bank of America Pension Plan (13)................................ 30,000 MLPFS Safekeeping (14)........................................... 30,000 KA Management Limited............................................ 29,071 Forest Fulcrum Fund LP........................................... 26,900 AIM V.I. Growth & Income......................................... 25,000 Pacific Life Insurance Co........................................ 25,000 Deeprock & Co. (13).............................................. 25,000 Duck Bill & Co. (13)............................................. 25,000 MFS Series Trust IV-MFS Utilities Fund (5)....................... 24,900 KA Trading LP.................................................... 21,929 General Motors Employees Domestic Group Pension Trust............ 20,000 McMahan Securities Co. L.P....................................... 19,700 Forest Global Convertible Fund Series A-5........................ 18,900 Delaware Group Global Dividend and Income Fund, Inc. (20)........ 16,000 Commonwealth Life Insurance Company-(Camden-Teamsters Non-Enhanced) (13)............................................. 15,000 Morehead Equity Fiduciary Trust Co. (15)......................... 15,000 MFS/Sunlife Series Trust-Utilities Series (5).................... 11,600 Merrill Lynch World Income Fund, Inc............................. 10,000 Century National Insurance Company............................... 10,000 United National Insurance Company................................ 10,000 Deutsche Bank New York Custody Services.......................... 10,000 The Class IC Company, Ltd........................................ 10,000 Socgen International SICAV (3)................................... 7,500 FMC Master Retirement Fund (3)................................... 7,000 Worldwide Transactions Limited (16).............................. 5,380 Guaranty National Insurance Company.............................. 5,000 Double Black Diamond, L.P. (11).................................. 4,435 Highbridge Capital Corp. (11).................................... 4,430 The Travelers Life and Annuity Co................................ 4,200 MFS Variable Insurance Trust-MFS Utilities Series (5)............ 3,000 First Montauk Securities......................................... 3,000 Deutsche Morgan Grenfell Inc..................................... 3,000 Forest Global Convertible Fund Series B-2........................ 2,700 Gersec Trust Reg................................................. 2,000 Delaware Group Premium Fund, Inc. Convertible Securities Series (20)......................................... 2,000 LLT Limited (18)................................................. 1,500 LDG Limited (19)................................................. 1,200 2 Number of Convertible Preferred Securities ---------- Delaware Group Premium Fund, Inc. Convertible Fund Series (20)............................................... 1,200 MFS Series Trust I-MFS Convertible Securities Fund (5)........... 100 Other Holders.................................................... 138,615 ------- Total................................................... 5,400,000 ========= - ----------------- (1) Argent Financial Group (Bermuda) Ltd. may also be deemed beneficial owner of these Convertible Preferred Securities. (2) SBC Warburg Dillon Read Inc. may also be deemed beneficial owner of these Convertible Preferred Securities. (3) Societe Generale Asset Management Corp. may also be deemed beneficial owner of these Convertible Preferred Securities. (4) MFS Advisors may also be deemed beneficial owner of these Convertible Preferred Securities. (5) BNP/Cooper Neff Advisors, Inc. may also be deemed beneficial owner of these Convertible Preferred Securities. (6) Van Kampen American Capital Asset Management, Inc. may also be deemed beneficial owner of these Convertible Preferred Securities. (7) California Public Employees' Retirement System may also be deemed beneficial owner of these Convertible Preferred Securities. (8) Northwestern Mutual Life Insurance Company Group Annuity Separate Account may also be deemed beneficial owner of 20,000 of these Convertible Preferred Securities. (9) Lutheran Brotherhood may also be deemed beneficial owner of these Convertible Preferred Securities. (10) GEM Capital Management, Inc. may also be deemed beneficial owner of these Convertible Preferred Securities. (11) Carlson Capital, L.P. may also be deemed beneficial owner of these Convertible Preferred Securities. (12) Lutheran Brotherhood Research Corp. may also be deemed beneficial owner of these Convertible Preferred Securities. (13) Camden Asset Management LP may also be deemed beneficial owner of these Convertible Preferred Securities. (14) Merrill Lynch Pierce Fenner & Smith, Inc. may also be deemed beneficial owner of these Convertible Preferred Securities. (15) Fiduciary Trust Company International may also be deemed beneficial owner of these Convertible Preferred Securities. (16) Carlson Offshore Advisors, L.P. may also be deemed beneficial owner of these Convertible Preferred Securities. (17) Staro Asset Management may also be deemed beneficial owner of these Convertible Preferred Securities. (18) Forest Investment Management, L.P. may also be deemed beneficial owner of these Convertible Preferred Securities. (19) TQA Investor, LLC may also be deemed beneficial owner of these Convertible Preferred Securities. (20) Delaware Management Company, a series of Delaware Management Business Trust, may also be deemed beneficial owner of these Convertible Preferred Securities. None of the Selling Holders has, or within the past three years has had, any position, office or other material relationship with the Trust or the Company or any of their predecessors or affiliates, except that Credit Suisse First Boston Corporation and Lehman Brothers Inc. acted as Initial Purchasers in the Original Offering and Credit Suisse First Boston Corporation, Merrill Lynch Pierce Fenner & Smith, Inc., Bear, Stearns & Co. Inc., 3 Lehman Brothers Inc. or their respective affiliates have provided, and may continue to provide investment banking or financial advisory services to the Company. Because the Selling Holders may, pursuant to this Prospectus, offer all or some portion of the Convertible Preferred Securities, the Convertible Junior Subordinated Debentures or the Common Stock issuable upon conversion of the Convertible Preferred Securities, no estimate can be given as to the amount of the Convertible Preferred Securities, the Convertible Junior Subordinated Debentures or the Common Stock issuable upon conversion of the Convertible Preferred Securities that will be held by the Selling Holders upon termination of any such sales. In addition, the Selling Holders identified above may have sold, transferred or otherwise disposed of all or a portion of their Convertible Preferred Securities since the date on which they provided the information regarding their Convertible Preferred Securities pursuant to transactions exempt from the registration requirements of the Securities Act. 4 -----END PRIVACY-ENHANCED MESSAGE-----